hi Jim
i enjoy CBOTW, ty Sather
exposing shills is thankless work but if the Normies understand then that much closer to waking the fuck up
kek
for Jim re sleep
kek
https://gab.com/Themace/posts/108811919169659228
https://gab.com/LWsojourner/posts/108811989212784374
focusFire (Trump SHOWs the focus)
monitor results
'We are researchers who deal in open-source information, reasoned argument, and dank memes. We do battle in the sphere of ideas and ideas only. We neither need nor condone the use of force in our work here.'
https://www.rollingstone.com/politics/politics-news/why-is-the-obama-administration-trying-to-keep-11000-documents-sealed-67555/
.. In the pre-crash years, however, the firms’ leaders acted less like the stewards of utilities and more like sleazy Wall Street hotshots. They made hyper-aggressive business decisions because their bonuses were tied to earnings growth. Some executives even engaged in Enronesque accounting manipulations in an effort to jack up their bonuses even further. These efforts led to record civil fines.
Contrary to popular belief, the one thing they weren’t guilty of was causing the 2008 crash. As the Financial Crisis Inquiry Commission later concluded, the GSEs were followers rather than leaders of the subprime craze. They invested far less recklessly than did the giant Wall Street firms primarily responsible for inflating the housing bubble.
In fact, it’s a little-known subplot of the financial crisis that bailout-era Fannie and Freddie was turned into a kind of garbage facility for other Wall Street institutions, buying up toxic mortgages that private banks were suddenly desperate to unload.
As early as March of 2008, then Treasury Secretary Hank Paulson was advocating using Fannie and Freddie to “buy more mortgage-backed securities from overburdened banks.”
And at the heat of the crisis, none other than former House Financial Services Committee chief and current Hillary Clinton booster Barney Frank praised the idea of using Fannie and Freddie to ease economic problems. “I’m not worried about Fannie and Freddie’s health,” he said. “I’m worried that they won’t do enough to help out the economy.”
Even after the state took over the companies in September of 2008, Fannie and Freddie continued to buy as much as $40 billion in bad assets per month from the private sector. Fannie and Freddie weren’t just bailed out, they were themselves a bailout, used to sponge up the sins of private firms.
The original takeover mechanism was a $110 billion bailout, followed by a move to place Fannie and Freddie in conservatorship. In exchange, the state received an 80 percent stake and the promise of a future dividend. All told, the government ended up pumping about $187 billion into the companies.
But now here’s the strange part. Within a few years after the crash, the housing markets improved significantly, to the point where Fannie and Freddie started to make money again. Lots of money. The GSEs became cash cows again, and in 2012 the government unilaterally changed the terms of the bailout.
Now, instead of taking a 10 percent dividend, the government decided that the new number it preferred was 100 percent. The GSE regulator, the Federal Housing Finance Agency (FHFA), explained the new arrangement.
“The 10 percent fixed-rate dividend was replaced with a variable structure, essentially directing all net income to the Treasury,” the FHFA wrote. “Replacing the current fixed dividend in the agreements with a variable dividend based on net worth helps ensure stability [and] fully captures financial benefits for taxpayers.” ..
https://www.cnn.com/2016/11/01/politics/obama-white-house-records
.. George Washington had his diaries and letters hauled off in wagons to Mount Vernon, where he could consult them in the privacy of his own study. The National Archives got involved after Franklin D. Roosevelt’s presidency, managing the deceased chief executive’s papers at his library in Hyde Park, New York.
The Presidential Records Act in 1978 declared all presidential and vice presidential records property of the federal government, with “custody, control and preservation” of the records delegated to the National Archives when a commander-in-chief leaves office.
That means hundreds of millions of records must be transferred from the White House to the Archives before Obama finishes his term. The physical material will go from Washington into temporary storage at a secure warehouse in the greater Chicago area, before eventually being moved into Obama’s presidential library, due to be erected on the city’s South Side.
In past administrations, that handover involved secure 18-wheeler trucks – pulled directly to the White House South Portico – to load up boxes upon boxes of carefully filed material.
Ronald Reagan’s administration established a computer cataloguing system that allowed officials to quickly access any records they needed while the president remained in office.
Because the Reagan library was situated across the country in Simi Valley, California, military cargo planes were employed, packed full of records and emptied at air bases in Southern California. Trucks escorted by police deposited the records at the storage site.
Also included in the handoff: the tens of thousands of gifts Obama has received over his eight years in office, which, like the documents and records, officially remain in the “complete ownership, possession and control” of the government.
For Obama, that includes millions of dollars in jewels from the Saudi royal family, a surfboard from the prime minister of Australia, and several ceremonial weapons from various world leaders.
Officially, Obama isn’t allowed to receive gifts unless they’re small and inexpensive. But diplomatic protocol disallows him from turning down, say, a floor-length cape from a Saudi prince. ..
https://www.propublica.org/article/new-snowden-documents-reveal-secret-memos-expanding-spying
..The government can also gather significant volumes of Americans’ information — anything from private emails to trade secrets and business dealings — through Internet surveillance because monitoring the data flowing to a hacker involves copying that information as the hacker steals it.
One internal NSA document notes that agency surveillance activities through “hacker signatures pull in a lot.” Brian Hale, the spokesman for the Office of the Director of National Intelligence, said, “It should come as no surprise that the U.S. government gathers intelligence on foreign powers that attempt to penetrate U.S. networks and steal the private information of U.S. citizens and companies.” He added that “targeting overseas individuals engaging in hostile cyberactivities on behalf of a foreign power is a lawful foreign intelligence purpose.”
The effort is the latest known expansion of the NSA’s warrantless surveillance program, which allows the government to intercept Americans’ cross-border communications if the target is a foreigner abroad. While the NSA has long searched for specific email addresses and phone numbers of foreign intelligence targets, the Obama administration three years ago started allowing the agency to search its communications streams for less-identifying Internet protocol addresses or strings of harmful computer code.
The surveillance activity traces to changes that began after the Sept. 11 terrorist attacks. The government tore down a so-called wall that prevented intelligence and criminal investigators from sharing information about suspected spies and terrorists. The barrier had been erected to protect Americans’ rights because intelligence investigations use lower legal standards than criminal inquiries, but policy makers decided it was too much of an obstacle to terrorism investigations.
The NSA also started the warrantless wiretapping program, which caused an outcry when it was disclosed in 2005. In 2008, under the FISA Amendments Act, Congress legalized the surveillance program so long as the agency targeted only noncitizens abroad. A year later, the new Obama administration began crafting a new cybersecurity policy — including weighing whether the Internet had made the distinction between a spy and a criminal obsolete. ..
https://www.foxnews.com/politics/no-obama-documents-in-obama-library-historians-puzzled-by-chicago-center-plans
.. The Tribune reported that while Obama's physical records are currently in a private facility in Illinois, they will likely be shipped to locations in and around Washington, D.C. One upside for organizers to keeping documents out of the presidential center, according to the report, is that officials could skirt certain federal standards for construction.
But the foundation is casting its approach as simply keeping pace with the times.
“The foundation’s goal is to create, with NARA, a new model for the next generation of presidential centers that reflects the way people access information in this digital age,” an Obama Foundation spokesperson told Fox News, referring to the National Archives and Records Administration. “The Obama Foundation will be funding through private funds the digitization of all non-classified presidential records in order to help facilitate better access to these documents to a broader audience.”
Presidential libraries typically attract historians and students from across the nation who are eager to sift through records, speeches, documents and letters.
But without the artifacts physically at the center, some experts have questioned the process.
“I think in this case it’s such a massive amount of material that it will be important to see how they are able to deliver it and make it easy to search,” Glowacki told the Tribune.
It will be at least four years until the Obama Presidential Center opens.
NARA told the Tribune that the classified documents from Obama’s presidency will be stored in an existing facility in Washington, while the non-classified documents probably will be stored in a NARA facility outside the district.
The foundation reported in July that total fundraising for the Center amounted to at least $8 million toward the projected $500 million cost of the library-museum. The project is scheduled to be completed in 2021.
Planners for months have made clear that Obama's post-presidency project will be different from other presidential centers.
Back in May, Obama described it as “more like a campus,” with plans to position it as a “premier institution for training young people in leadership.”
Dean of William J. Clinton School of Public Service James "Skipp" Rutherford, who oversaw the development of the Clinton Presidential Library in Arkansas, told the Tribune the setup can still be valuable to researchers. ..